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Friday, November 8, 2024

Bill aimed at reducing credit-card 'swipe fees' puts Chinese company in crosshairs

BusinessBill aimed at reducing credit-card 'swipe fees' puts Chinese company in crosshairs

An overlooked provision in proposed legislation aimed at reducing the cost of credit card “swipe fees” would also crack down on a Chinese company that critics fear has infiltrated American payment networks to mine consumers’ sensitive financial information.

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𝗖𝗿𝗲𝗱𝗶𝘁𝘀, 𝗖𝗼𝗽𝘆𝗿𝗶𝗴𝗵𝘁 & 𝗖𝗼𝘂𝗿𝘁𝗲𝘀𝘆: www.washingtontimes.com
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